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Foreign Ownership of Korean Equities Hits Record as Chip Boom Lifts Market

SEOUL, Oct. 26 (Korea Bizwire) – Foreigners’ ownership of shares listed on South Korea’s main bourse has topped 1,000 trillion won (US$694 billion) on the back of the robust performance of the market this year, data showed Sunday. The combined value of foreign holdings in the Korea Composite Stock Price Index (KOSPI) market came to [...]

Korea Reaches a New Milestone in Number of Foreign Individual Investors

SEOUL, South Korea, April 23, 2014 (Korea Bizwire) – The number of private investors who have bought Korea’s listed stocks and bonds has exceeded 10,000. Previously, all foreign investments have been made under institutional names from tax havens such as the Cayman Islands, Virgin Islands and Bermuda. On April 22, the Financial Supervisory Service (FSS) reported that [...]